1. Overview the trade of NEW ZEALAND in goods current year until 202211
According to Dalian Infobank, in 202211, NEW ZEALAND's exports and imports of goods amounted to 9224.3459 million, and were up 5.71% comparing with the same period of last year. Among these, exports were up 1.64% at 4047.3537 million, and imports were up 9.12% at 5176.9922 million. And the corresponding trade deficit was 1129.6386 million and up 48.21%.
During the current year until 202211, NEW ZEALAND's total exports and imports of goods were 91718.9239 million and were up 7.04% comparing to the same period of last year. Among these, exports were 41978.0916 million and up 3.32%; imports were 49740.8324 million and up 10.40%. The total trade deficit was 7762.7408 million and up 75.46%.
If considering by country (region), CHINA, AUSTRALIA, UNITED STATES, JAPAN, SOUTH KOREA were NEW ZEALAND's top five trading partners. During the current year until 202211, NEW ZEALAND's imports and exports to five countries/territories were 23341.6039 million, 10601.2416 million, 8729.1208 million, 5539.6975 million, 4641.0065 million. These values correspond to 25.45%, 11.56%, 9.52%, 6.04%, 5.06% of NEW ZEALAND's imports and exports, and, respectively, were down 0.70%, up 3.60%, up 7.20%, up 5.87%, up 41.31% comparing to the same period of last year.
Current year until 202211, NEW ZEALAND and the top five trade partners CHINA, AUSTRALIA, UNITED STATES, JAPAN, SOUTH KOREA are the top five countries/territories that NEW ZEALAND exports to in terms of the total export amount. During the current year until 202211, NEW ZEALAND's exports to these five countries/territories were 11717.3856 million, 5058.6800 million, 4477.7143 million, 2472.8644 million, 1544.0172 million. These values correspond to 27.91%, 12.05%, 10.67%, 5.89%, 3.68% of NEW ZEALAND's exports and, respectively, were down 8.81%, down 0.75%, up 4.42%, up 4.98%, up 20.18% comparing with the same period of last year.
Current year until 202211, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, SOUTH KOREA, JAPAN are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202211, NEW ZEALAND's imports from these five countries/territories were 11624.2184 million, 5542.5617 million, 4251.4065 million, 3096.9893 million, 3066.8331 million. These values correspond to 23.37%, 11.14%, 8.55%, 6.23%, 6.17% of NEW ZEALAND's total imports and, respectively, were up 9.09%, up 7.92%, up 10.30%, up 54.90%, up 6.60% comparing with the same period of last year.
During the current year until 202211, the trade surplus of NEW ZEALAND was mainly from HONG KONG, ALGERIA, OTHER EUROPE COUNTRIES, PHILIPPINES, INDONESIA at 576.0662 million, 460.9586 million, 450.0611 million, 432.2960 million, 303.2872 million, and down 18.81%, up 253.41%, down 21.66%, up 31.25%, down 517.91%. And the trade deficits were mainly from SOUTH KOREA, GERMANY, SINGAPORE, THAILAND, ITALY at 1552.9721 million, 1550.9553 million, 1410.6474 million, 1102.4100 million, 888.2190 million, and up 117.32%, down 8.06%, up 423.36%, down 17.03%, up 3.29%.
Current year until 202211, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202211, commodities with hs2 codes, 04, 84, 87, 27, 02, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 12172.2976 million, 7879.8397 million, 6685.6447 million, 6379.2710 million, 6010.3131 million, which were up 9.63%, up 4.89%, down 0.50%, up 55.88%, up 3.74% comparing with the same period of last year and account for 13.27%, 8.59%, 7.29%, 6.96%, 6.55% of NEW ZEALAND's total imports and exports.
During the current year until 202211, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 12007.3346 million, 5814.1733 million, 3093.9120 million, 2413.2186 million, 1479.0790 million. These values correspond to 28.60%, 13.85%, 7.37%, 5.75%, 3.52% of NEW ZEALAND's total exports and, respectively, were up 9.98%, up 4.49%, down 15.29%, down 12.22%, down 0.93% comparing to the same period of last year.
During the current year until 202211, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 6632.6907 million, 6460.9387 million, 5681.4137 million, 4281.3367 million, 1845.6559 million. These values correspond to 13.33%, 12.99%, 11.42%, 8.61%, 3.71% of NEW ZEALAND's total exports and, respectively, were up 5.12%, down 0.90%, up 54.37%, up 7.81%, down 0.70% comparing to the same period of last year.
2. Current year until 202211, NEW ZEALAND binational trade profile
According to Dalian Infobank, during the current year until 202211, NEW ZEALAND-China binational exports and imports of goods amounted to 23341.6039 million and were down 0.70% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 11717.3856 million and down 8.81%, imports from China to NEW ZEALAND were 11624.2184 million and up 9.09%. The total binational trade surplus was 93.1672 million and down 95.75%.
During the urrent year until 202211, commodities with hs2 code, 04, 02, 85, 44, 84, were binational trade's top five traded commodities. They correspond to import and export values of 3780.4326 million, 2248.1826 million, 2064.6839 million, 2018.7253 million, 1954.2397 million and makes up 16.20%, 9.63%, 8.85%, 8.65%, 8.37% of the total binational imports and exports. These values were also down 17.78%, down 4.00%, up 6.19%, down 19.12%, down 1.82% comparing to the same period last year.
During the current year until 202211, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 3779.1049 million, 2248.0350 million, 1904.4933 million, 690.7947 million, 559.4781 million. These values account for 32.25%, 19.19%, 16.25%, 5.90%, 4.77% of NEW ZEALAND's total exports and were down 17.79%, down 4.00%, down 20.43%, up 17.93%, down 2.10% comparing to the same period of last year.
During the current year until 202211, 85, 84, 87, 94, 73 were NEW ZEALAND's top five traded commodities importing from China , with import values of 2048.5243 million, 1928.8397 million, 901.4789 million, 673.1871 million, 555.8513 million. These values account for 17.62%, 16.59%, 7.76%, 5.79%, 4.78% of NEW ZEALAND's total imports and were up 6.43%, down 0.49%, up 53.85%, down 5.87%, up 8.43% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Statistics New Zealand